Day: 4 October 2024

Shell’s Move Leads to Speculation of the Future of Pyrolysis

Vijay Raman

Author: James Kennedy, Technology Analyst at IDTechEx   Since the emergence of pyrolysis as a technology in the chemical recycling market in the last decade, it has attracted the attention of key players in the plastics supply chain. Pyrolysis promises to overcome the existing limitations of mechanical recycling and transform the status quo of most plastic waste being discarded or inadequately recycled. However, despite much investment and interest, some key questions surrounding sustainability and economic viability, as well as new regulatory pressures, are putting into question the future of this technology.…

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Reliance Nippon Life Insurance Launches a New Deferred Annuity Plan, ‘Nishchit Pension’ to help Indians secure Guaranteed Income during their golden years

Vijay Raman

Reliance Nippon Life Insurance Company Limited, a leading private life insurer has launched a new deferred annuity plan, the Reliance Nippon Life Nishchit Pension, designed to ensure a guaranteed lifelong income, enabling customers to streamline their retirement income and safeguard against any decline in long term interest rates. As per a report by the Economic Survey, Govt of India, by 2041, 15.9% of India’s population is estimated to be above 60 years of age (up from 9.7% in 2021). Such a large demographic shift is the key driver of accelerated demand for…

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Centre has approved the National Mission on Edible Oils

Vijay Raman

The Union Cabinet of India has authorized the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) initiative aimed at boosting the domestic production of oilseeds and reducing dependency on imports. This mission is set to be implemented from 2024-25 to 2030-31 with a substantial financial allocation of ₹10,103 crore. The mission will prioritize the cultivation of essential oilseed crops such as rapeseed-mustard, groundnut, soybean, sunflower, and sesame. There will also be a focus on improving the efficiency of collection and extraction from secondary oil sources including cottonseed and rice bran.…

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Govt of India Establishes Over 13,800 Jan Aushadhi Kendras

Vijay Raman

As of September 30, 2024, a total of 13,822 Jan Aushadhi Kendras have been established throughout India under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP). This initiative is designed to enhance access to affordable medicines, particularly for economically disadvantaged individuals. The establishment of Jan Aushadhi Kendras plays a crucial role in making essential healthcare more accessible to all segments of society, significantly alleviating the financial burden on patients needing medication. The program’s success is evident not only in its expansion but also in the growing trust and reliance of the…

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Indian Coal production from captive, blocks rises 32% to 79.72 mn MT

Vijay Raman

The Ministry of Coal reported that Coal production and dispatch from India’s captive and commercial coal mines experienced substantial growth in the first half of fiscal year 2024-25 (H1 FY 2025), showcasing significant year-over-year increases. Production Increase: The total coal production rose by 32%, climbing from 60.52 million tonnes (MT) in H1 of FY 2024 to 79.72 MT in H1 of FY 2025. Dispatch Growth: Corresponding to production, dispatch also grew significantly, with a 34% increase from 65.37 MT in H1 FY 2024 to 87.86 MT in H1 FY 2025.…

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EMCO GmbH, New CFO at EMCO GmbH

Vijay Raman

With effect from 1 October 2024, Alexander Steinacher will succeed Horst Rettenbacher as CFO at the long-established Austrian company.  Horst Rettenbacher has been a member of EMCO's management team since 2012 and, as CFO, played a key role in the machine tool manufacturer's growth to its current size. After handing over his responsibilities to his successor, Horst Rettenbacher will take his well-deserved retirement.Alexander Steinacher is a graduate of Eisenstadt University of Applied Sciences, specialising in International Business Relations, and brings with him 30 years of experience in finance and controlling,…

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Digital Nomads, This is How You Can Afford Vancouver!

Vijay Raman

Nomad Life in Vancouver Just Got Affordable—Here’s How!   Vancouver, BC – Vancouver is a dream destination for solo travelers and digital nomads: vibrant, scenic, and full of opportunities. The catch? It’s expensive. For those who love to explore on their own terms, finding an affordable yet comfortable place to stay can be challenging. Enter Panda Pod Hotel, the game-changer for solo travel on a budget.       Picture this: after a day of client calls and sightseeing, you need a cozy, private space to unwind. You don’t want…

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Mitch Gould Recognized as One of the 10 Most Influential Leaders Changing the Business World in 2024 by The Fortune Leader

Vijay Raman

Mitch Gould, CEO and Founder of Nutritional Products International (NPI), has been honored with a prestigious feature on the cover of The Fortune Leader, being recognized as one of the “10 Most Influential Leaders Changing the Business World in 2024.” This accolade celebrates Gould's remarkable contributions to the retail distribution industry, particularly his pioneering “Evolution of Distribution” strategy that has transformed the way international companies enter the U.S. market.   Gould’s career is distinguished by decades of experience and a visionary approach to retail distribution. He founded NPI in 2007, driven by the…

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